FHE/USDT
Where FHE/USDT trades: KuCoin, Binance and Bybit, spot and perpetual futures, with per-venue 24h volume and share. $5.3M in 24h volume.
FHE/USDT trades on 3 exchanges across 4 listings — 3 perpetual futures markets and 1 spot book.
KuCoin runs the deepest of them at $3.6M over 24 hours, 67.1% of the $5.3M total we measure across all 4 of them.
Where FHE/USDT trades
| Exchange | 24h volume | Share |
|---|---|---|
| KuCoin | $3.6M | 67.1% |
| Binance | $1.4M | 27.3% |
| Bybit | $151,100 | 2.9% |
| Bybit | $147,917 | 2.8% |
Volume is 24h turnover as each exchange's own public ticker reports it (USD-quoted; on-page amounts follow your selected display currency). A dash means the venue quotes the pair against something other than a USD stablecoin, so there is no honest reported figure for it rather than a converted guess. Updated 2026-09-09 08:38 UTC.
Spot or perpetual
Perpetual futures: KuCoin, Binance and Bybit.
Spot: Bybit.
Where the liquidity sits
The top 3 venues hold 97.2% of measured FHE/USDT turnover: KuCoin perpetuals ($3.6M, 67.1%), Binance perpetuals ($1.4M, 27.3%) and Bybit perpetuals ($151,100, 2.9%).
Perpetual futures account for 97.2% of it, spot the rest. Futures turnover is notional, so it is not directly comparable to spot volume — the same dollar of margin moves several dollars of notional.
How we measure this
Volume is 24-hour turnover from each exchange's own public ticker, refreshed on a schedule rather than streamed. A venue enters the total only where it quotes the pair against a USD stablecoin, so the underlying figure is the venue's own reported turnover — never a cross-rate guess of ours. On-page amounts follow your selected display currency.